Anna Wintour Doesn't Understand Why Price Fixing Has To Be Illegal

By cwaltersJuly 30, 2009

The editor-in-chief of American Vogue, Anna Wintour, proposed a novel solution to the problems that plague clothing retailers at a recent industry meeting. And by “novel” we mean “she’s completely clueless.”

The Vogue editor stood up to offer, “Could someone lead a committee that would make ground rules for retailers of when the discounting starts, and then all the retailers can agree to it?” Von Furstenberg interjected that that was illegal – in fact, if the big department stores had any such agreement, it would amount to price-fixing and collusion, an anti-trust lawsuit in the making. “Is that something we can change?” asked Wintour. “We have friends in the White House now!”